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EPLC - February 200815 PA SCHOOL FUNDING CAMPAIGN GOALS In 2008, enact legislation to implement and fully fund a new school funding system within 5 years based on Costing- Out Study and supporting principles of equity, adequacy, efficiency, accountability and predictability. Make a down-payment of at least $1 billion as part of 08-09 state budget.

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EPLC - February 200816 PA SCHOOL FUNDING CAMPAIGN Proposed a specific formula and a first- year phase-in Announced PASSET Proposal and the Campaign on January 23 Steering Committee Members Campaign Partners/Supporters www.paschoolfunding.org

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EPLC - February 200817 PASSET Proposal Pennsylvania Adequacy in School Spending and Equity in Taxation 5 year Plan based on Costing-Out Study Includes Adequacy & Property Tax Reduction Gets state share to 50% + Consolidates many line items Campaign now comparing Governors Proposal & PASSET